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Business, 22.12.2020 20:20 smariedegray

Big Homes Corporation is an accrual-method calendar-year taxpayer that manufactures and sells modular homes. This year, for the first time Big Homes was forced to offer a rebate on the purchase of new homes. At year-end, Big Homes had paid $13,400 in rebates and was liable for an additional $8,200 in rebates to buyers. What amount of the rebates, if any, can Big Homes deduct this year

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